Construction, land costs too high too make lower, middle-income rentals pencil.https://twitter.com/nicktimiraos/status/633243820579155968 …
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@awinston we've had mandatory longer than NYC. I believe inclusionary has its roots on the West Coast.
@kimmaicutler it's not enforced. At all. I haven't seen a market rate project with over 25% affordability in the past decade in the Bay Area
@awinston we have a few proceeding in SF. Pier 70, Jane Kim's battle for more w/ Mission Rock.
@kimmaicutler since Agnos governed SF, thrust has been for market rate w/no enforcement. It's encumbent on pole to enforce affordability
@awinston I understand that. While one of the last tools remaining, inclusionary reqs are effectively a tax on new development
@kimmaicutler also, major differences b/t hoe east coast cities bargain with developers for affordability. CA cities don't go to bat
@kimmaicutler @awinston #inclusionaryzoning 1st created in Fairfax Co, VA 1971; overturned. Then Montgomery Co, MD, 1973, upheld...
@kimmaicutler @awinston 1st #inclusionary policy in Bay Area was Palo Alto's, 1973 http://mobile.sightline.org/2014/09/29/zoning-inclusionary-v-exclusionary/ …
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